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Wall Street falls as tepid data adds to growth worries| Reuters

May 05, 2016 at 01:45 | Source: FirstPost

U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and weaker-than-expected results from companies including Priceline.The ADP private sector employment report showed hiring in April fell to its...

Global stocks retreat a second day on growth worries, copper slips| Reuters

May 05, 2016 at 01:30 | Source: FirstPost

NEW YORK Global equity markets fell for a second straight day on Wednesday on mostly weak economic data while metals prices slipped on renewed concerns of a downturn in global growth.The U.S. services sector expanded in April as new orders and employ...

Global stocks retreat for second day on growth worries| Reuters

May 05, 2016 at 01:15 | Source: FirstPost

NEW YORK Global equity markets fell for a second straight day on Wednesday on mostly weak economic data and metals prices slipped on renewed signs of a downturn in global growth.Lacklustre manufacturing data from around the world sparked the selling ...

World stocks retreat for second day on growth worries| Reuters

May 05, 2016 at 00:30 | Source: FirstPost

NEW YORK Global equity markets fell for a second straight day on Wednesday on mostly weak economic data and metals prices slipped on renewed signs of a downturn in global growth.Lackluster manufacturing data from around the world sparked the selling,...

Wall St falls as tepid data adds to growth worries| Reuters

May 05, 2016 at 00:15 | Source: FirstPost

Wall Street was lower on Wednesday as tepid U.S. economic data and lackluster corporate results added to concerns about the health of the global economy.The ADP private sector employment report showed hiring in April fell to its lowest levels in thre...

Strong U.S. services sector data buoys economic outlook| Reuters

May 04, 2016 at 23:45 | Source: FirstPost

WASHINGTON The U.S. services sector expanded in April as new orders and employment accelerated, bolstering views that economic growth would rebound after almost stalling in the first quarter.The growth outlook was, however, dimmed by another report o...

Jindal brothers sign $976 million power deal | Reuters

May 04, 2016 at 23:30 | Source: FirstPost

NEW DELHI Billionaire Sajjan Jindal's JSW Energy Ltd has agreed to buy a 1,000 megawatt power plant from his brother's heavily indebted Jindal Steel and Power Ltd in a deal valued at up to $976 million, the companies said on Wednesday.Jindal Steel sa...

Jindal Steel in advanced talks to sell more assets - CEO| Reuters

May 04, 2016 at 23:15 | Source: FirstPost

NEW DELHI Jindal Steel and Power is in advanced talks with some resources firms to sell more steel and mining assets, its CEO told Reuters, adding the company hopes to close a $976 million power plant deal well before a mid-2018 deadline.The New Delh...

Rahul Gandhi, ab naye pack mein bhi: Drop the idea, this product won't work

May 03, 2016 at 11:49 | Source: FirstPost

Over the past decade, Rahul Gandhi has been launched and relaunched, packaged and repackaged several times over.Yet, the brand has failed to move off the electoral shelf.A smart company that knows the dynamics of the market and understands consumer b...

Sebi slaps Rs 25 lakh fine on Steelco Gujarat, promoter group Spica Investments

May 03, 2016 at 11:09 | Source: FirstPost

New Delhi: Markets watchdog Sebi has imposed apenalty of Rs 25 lakh on Steelco Gujarat Ltd and its promotergroup Spica Investments for not complying with the minimumpublic shareholding norms within the mandated time frame.A Securities and Exchange Bo...

Tata Motors shares shoot up 3 percent after good sales in April

May 03, 2016 at 10:57 | Source: FirstPost

Shares of Tata Motors gained over three percentper cent after the company reported a 9.9 per cent growth insales at 39,763 units in April against 36,190 units during thesame month last year.After a positive opening, the shares of the companyclimbed 3...

Rahul Gandhi, ab naye pack mein: Drop the idea, Prashant Kishor, this product is not moving

May 03, 2016 at 10:32 | Source: FirstPost

Over the past decade, Rahul Gandhi has been launched and relaunched, packaged and repackaged several times over.Yet, the brand has failed to move off the electoral shelf.A smart company that knows the dynamics of the market and understands consumer b...

Ten years of Kangana Ranaut: it's been a decade of making her own road

May 03, 2016 at 10:10 | Source: FirstPost

When the going gets tough, the tough get going may soon get its own licensed Bollywood version: when the gossip mills get going, Kangna Ranaut goes shooting.In recent months and even today, news coverage of her has been dominated by her reported roma...

Not a nice cuppa: Labour, production costs affect tea industry, many estates in Kerala shut down

May 03, 2016 at 08:21 | Source: FirstPost

Bengaluru: The tea industry is under pressuredue to factors including increased cost of production andclimate, the United Planters of Association of Southern India(UPASI) said."The tea industry is under pressure, there is no denyingin that. The ...

Johnson & Johnson ordered to pay $55 million in talc-powder trial| Reuters

May 03, 2016 at 04:45 | Source: FirstPost

NEW YORK Johnson & Johnson (JNJ.N) was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that using the companys talc-powder products for feminine hygiene caused her to develop ovarian cancer.The verdict is the second straig...

Chanel winning fight against luxury grey market - executive| Reuters

May 03, 2016 at 04:30 | Source: FirstPost

HAVANA Chanel, the world's second largest luxury brand, said on Monday its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.The company narrowed its price gaps ...

Clinton courts Appalachian voters to counter Trump on trade| Reuters

May 03, 2016 at 04:15 | Source: FirstPost

WASHINGTON/CARMEL, Ind. U.S. presidential candidate Hillary Clinton met with coal and steel workers in the Appalachian region on Monday in an effort to win over blue-collar voters in a part of the country with strong support for Republican Donald Tru...

Stocks rise, bond prices fall on investor optimism| Reuters

May 03, 2016 at 02:45 | Source: FirstPost

NEW YORK A weakening U.S. dollar and optimism that commodity prices will steady boosted global stock markets on Monday, pushing down U.S. Treasury prices.Wall Street climbed as investors anticipated that a feebler dollar will boost U.S. exports by ma...

Oil down 3 percent on OPEC output hike, speculative ramp-up in Brent| Reuters

May 03, 2016 at 02:15 | Source: FirstPost

NEW YORK Oil prices fell about 3 percent on Monday as production from the Organization of the Petroleum Exporting Countries neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized r...

Tokyo slide keeps mood downbeat| Reuters

May 03, 2016 at 00:45 | Source: FirstPost

LONDON A 3-percent drop in Japanese shares and weakness in the banking sector kept financial markets on edge on Monday, although stock markets in both Europe and the United States were on track for some minimal gains.With trading thinned by holidays ...

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Barring catastrophe, market wont retest Feb lows: Nilesh Shah

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